This idea is explained on the chart because that’s the easiest way to explain it. If you start at the green “Start Here” star in the top right corner and follow the green arrows, my observations about the current market conditions and how they compare to previous market crash conditions are detailed. Please feel free to ask questions.
A more comforting homely forecast for btc / usd, while goats where sleeping..
If..yet to be seen "price reversal" from the current median line hits 13300,
the higher probability for a legendary 20k+ pump during 2020 run up / new year / jan week 1 & 2, lures.
btc still has route to follow, see projected wave top / frothy head.
As local sentiment is now...
Bitcoin long completed successfully today from down below 7655, to Sell at 7985.
a further analysis with the Gann box shows a good alignment of Time & Price.
THE Power of combining Gann Square math & Andrews Median Line studies gives one a clearer picture of what is happening in any market.
NB: Rule #1 : Price will tend to return to the Median line 80% of the time.
This alone by charting for about 2 mins give us a 80% trade probability. No need to spend hours pouring over data.
It works on anything on any timescale.
Hi all,
AUDUSD is showing a possible long setup at around 0.730, do note that we have somewhat of an ugly bat on the chart
which I decided not to display due to C slighly extending A and PRZ D would be at 7225 which would invalidate this trade.
I recommend to observe the hourly chart should price hit 0.730 and search for reversal signals like double bottom +...
